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FAQs

Investment in LVA returns $33 for every $1 spent

The internationally known business consulting firm A. T. Kearney has just completed a study of the economic benefit to society of LVA�s services. The study reports that for every dollar invested in LVA, students experience a phenomenal $33 economic gain in their lives. The study also indicates that other student achievements, while less easily quantified, may be at least as significant to society.

Consultants from A. T. Kearney interviewed more than 200 students in Wisconsin and New York during July of 1999. Student interviews were coordinated by LVA Chippewa Valley and LVA New York State and conducted in Eau Claire, WI and at affiliates across New York. The students in the study were demographically proportionate to students served by LVA across the country. The percentage of basic literacy and ESOL students was also statistically proportionate. The calculations were as conservative as possible.

Through the Workforce Investment Act Congress has demanded economic accountability for federally funded programs. Corporate and other policy makers are requiring that adult education and literacy programs demonstrate that they increase the economic self-sufficiency of the populations they serve.

The A. T. Kearney study is groundbreaking in many ways, but perhaps its most significant finding is that students enrolled in LVA programs do, in fact, experience significant economic gains in their lives. LVA, Inc. will disseminate a tool to its network in early 2000 that will assist LVA programs to use the information contained in the report for fund-raising and public relations purposes in their local and regional communities.

The full report is available by request at [email protected] .


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